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Retail Space Available For Rent
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400 W Olney Rd, Norfolk, VA 23507

Retail space available, approximately 1,750 square feet.

Space Size1,750 SF
Property Size2,500 SF
Days on Market543

Property Features for 400 W Olney Rd

General Information

Standard status Active
Size 1,750 SF
Property subtype Retail, Office

Building Details

Building Size 2,500 SF
Tenancy Multiple

Spaces For Lease

at 400 W Olney Rd Contact us

Available space

Size
1,750 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Harvey Lindsay Commercial Real Estate
Listed By: Lindsay Bilisoly · License #VA 0225120019
Source: Crexi
Added: Mar 4, 2025 Changed: Aug 18 Last Checked: Aug 28 at 11:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harvey Lindsay Commercial Real Estate

Investment Insights

Based on property information with market context.

This commercial property offers retail space for rent. There is one space available, encompassing approximately 1,750 square feet. The property is located at 400 W Olney Rd, Norfolk, VA 23507.

Key Highlights

  • Retail space available, ideal for your business venture.
  • Offering 1,750 sqft of space.
  • Only 1 space available.

Property Analytics

Current Use

Acupuncture & Herbal Solutions Medical Clinic Troy's Duct Cleaning ... HVAC Service FLOW Massage & Bodywork Alternative Medicine Practice Tidewater Integrated Movement ... Gym & Fitness Center Susan G. Sandage, ... Alternative Medicine Practice

Suggested Use

Top Pick Carpet & Flooring Store Plumbing Service (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,526
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 74% Groceries 19% Hotels & Casinos 7%
Exxon Shops & Services
19,763 visits/mo 0.4 miles
Virginia ABC Groceries
7,861 visits/mo 0.4 miles
7-Eleven Shops & Services
5,823 visits/mo 0.4 miles
7-Eleven Shops & Services
4,156 visits/mo 0.4 miles
Residence Inn by Marriott Norfolk Downtown Hotels & Casinos
2,849 visits/mo 0.5 miles

Demographics for 23507, VA

6,460
Population
3,530
Households
1.8
Avg Household Size
35
Median Age
76%
College-Educated
98%
High-School Grad
0.9 sq mi
ZIP Area
7,178
Density / Sq Mi
$107,650
Median Household Income
$59,128
Median Earnings
$1,422
Median Rent
$560,700
Median Home Value

Market

Lease Benchmarks for Norfolk, VA

$15.2 /SF/Yr
Avg Asking Price
$1.68–$27.95 /SF/Yr
Price Range
4,893 SF
Avg Space Size

This space is priced 21% below the average of $15.2 /SF/Yr.

Vacancy Rate% for Retail in Norfolk, VA

7.9% 2019
9.3% 2020
8.7% 2021
7.9% 2022
6.9% 2023
6.6% 2024
6.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available, approximately 1,750 square feet.
Where is this retail space located?
The property is located at 400 W Olney Rd Norfolk, VA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Retail space available, ideal for your business venture.; Offering 1,750 sqft of space.; Only 1 space available.
(757) 640-8700 Call to check price and availability
More about this property
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